Ukrainian Prime Minister Mykola Azarov

15:45 01/09/2010

Multimedia

Ukraine hopes to find a compromise on the price at which Russia supplies it with gas, Ukrainian Prime Minister Mykola Azarov said on Wednesday, calling the current formula "enslaving."

"The agreement which (former Prime Minister Yulia) Tymoshenko has signed, and the $450 formula which is the basis of it, do not match current market conditions. We have the time to persuade our Russian counterparts, and I think we'll find a compromise," Azarov said.

Azarov said Ukraine was in gas talks with Russia.

"The negotiations are difficult, but we don't have any other way out," Ukrainian news agency UNIAN quoted Azarov as saying.

Ukraine receives a 30 percent discount on Russian gas deliveries compared to European supply prices in exchange for permission for the Russian Black Sea fleet to berth in bases in the Crimea for 25 years after 2017, when the previous base agreement expires.

KIEV, September 1 (RIA Novosti)

Add to blog
Send to friend
Share

Add to blog

You may place this material on your blog by copying the link.

Publication code:

<div style="border:1px solid #d3d3d3; padding:17px 0 0px 17px; background:#ffffff; width:510px;"><div style="width:100%; overflow:hidden;"><a target="_blank" href="http://en.rian.ru/world/20100901/160424947.html" style="text-decoration:none;"><img src="http://en.rian.ru/i/eng/logo_sml.gif" alt="RIA Novosti" title="RIA Novosti" style="float:left; margin-right:10px;" border="0" /></a><a target="_blank" href="http://en.rian.ru/world/20100901/160424947.html"><img src="http://en.rian.ru/images/16042/52/160425286.jpg" width="120" height="83" border="0" alt="Ukrainian Prime Minister Mykola Azarov" style="float:right;padding:0px 15px 5px 0px;" /></a><a target="_blank" href="http://en.rian.ru/world/20100901/160424947.html" style="color:#000000;text-decoration:none;display: block; margin: 0 10px 0 0 ;"><strong style="font:19px Georgia,Arial,sans-serif; line-height:16px; font-weight:bold;">Ukraine hopes to revise gas contract with Russia says PM</strong></a><p style="font:13px Georgia,Arial,sans-serif; padding:5px 153px 0px 0;"><span style="color:#5590bf;">15:45</span> <span style="color:#5590bf; padding-right:7px;">01/09/2010</span> <span style="font-size:12px;">Ukraine hopes to find a compromise on the price at which Russia supplies it with gas, Ukrainian Prime Minister Mykola Azarov said on Wednesday, calling the current formula "enslaving."<a target="_blank" style="color:#335f86; padding-left:10px; text-decoration:underline;" href="http://en.rian.ru/world/20100901/160424947.html" title="Ukraine hopes to revise gas contract with Russia says PM">>></a></span></p><div style="padding:6px 0 15px 30px; font:10px Verdana,sans-serif;"><a target="_blank" style="color:#114472; text-decoration:underline;" href="http://en.rian.ru" title="RIA Novosti">Other news of the day</a></div></div></div>

Preview:

Ukraine hopes to revise gas contract with Russia says PM

15:45 01/09/2010 Ukraine hopes to find a compromise on the price at which Russia supplies it with gas, Ukrainian Prime Minister Mykola Azarov said on Wednesday, calling the current formula "enslaving.">>

Other news of the day